Genzyme Higher On Deal Rumors (GENZ)

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dealREPORTER is reporting that Genzyme
GENZ
is moving higher as unconfirmed sources are saying that a deal for the company can happen within the next couple of weeks. Genzyme has been the target of Sanofi-Aventis
SNY
, which bid for the company, but was rebuffed by shareholders. At last check, shares were down 20 cents to $71.50, but had been down much more than that earlier.
Posted In: NewsRumorsM&ABiotechnologydealREPORTERHealth CarePharmaceuticals
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